If you are new to this type of investing, I suggest you pick up a copy of Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.

Feel free to connect if you have any further questions.

Feel free to reach out anytime.

BP has leases for every state that they sell and they're free if you have the Pro membership.

Andrew,Feel free to send me a message or reach out I would be happy to talk REI and offer some advice from a few different angles.

Hey,If your budget is 150K max and you are looking to buy in Ontario here are some markets to consider:North bay, Sudbury, Cornwall, Windsor.If you need help connecting with realtors, property managers etc in these cities feel free to reach out.

Can't use bonus depreciation but could use accelerated depreciation and get most (not all) of my rental income tax free.

I've done drastic increases before where I purchased a 6plex where the tenants were paying 700 opposed to 1550 being market rent what I did was i gave everyone a letter saying their rent would increase to 1,100 for 6 months and they would be month to month so they would be free to move at any point  because at the end of the letter i put that after the 6 months their rent would be 1,300 for a 1 year lease after that and all 6 tenants stayed. 2 years later everyone is near market and only one moved. 

If anyone has questions, stories, or advice they would like to share, feel free to respond below.

I hope that this helps somewhat, but feel free to schedule a time with me and we can go more into details.BTW,  I have a meetup in Irvine on 4/20 @ 10am (Pacific) in Irvine.